ECB’s Lane Sees ‘Natural’ Fiscal Case for Europe Common Debt

European Central Bank Chief Economist Philip Lane said there’s a logical fiscal case for the region’s nations to issue joint bonds, though such a move would need to be underpinned by trust.

In a speech on Wednesday, the policymaker revisited a controversial theme for governments that has taken on added urgency given the impetus to fund massive rearmament and bolster defenses.